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US SEC is close to the finish line in approving mutual funds ETF share categories

Source: ChainCatcher
According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas posted on social media that Katilyn Bottock, assistant director of investment management at the Securities and Exchange Commission (SEC), said the SEC is close to the finish line in approving mutual funds’ ETF share categories. Currently, about 65-70 companies plan to advance the matter, with total assets under management reaching trillions of dollars.
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